FirmaIQ
Org.nr 967 688 576 2015 → 2016 Year-over-year analysis

ABACTUS AS: årsregnskap 2016 vs 2015

Grew 90% on revenue, cash halved-plus

approved 2017-05-24; registry 2017-06-15; journal 2017 452857

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABACTUS AS. Revenue 2.00m NOK → 3.80m NOK (+90.0%). Net result +3.42m NOK → +3.96m NOK. Equity 16.28m NOK → 23.61m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACTUS AS.

At a glance

Scorecard

Revenue
2.00m NOK 3.80m NOK
+90.0%
Net result
+3.42m NOK +3.96m NOK
+15.9%
Equity
16.28m NOK 23.61m NOK
+45.1%
Cash
4.84m NOK 2.15m NOK
-55.5%
Total assets
22.68m NOK 30.70m NOK
+35.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.00m NOK to 3.80m NOK (+90.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.42m NOK → +3.96m NOK (net margin 170.9% → 104.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.28m NOK → 23.61m NOK (equity ratio 71.8% → 76.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.81× → 2.05×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.84m NOK → 2.15m NOK (-55.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 123.9k NOK → 1.16m NOK (6% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 18.76m NOK → 20.17m NOK (+7.5% YoY). Calculated